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Small Business Center

2024 Loan Landscape for Small Businesses

January 2, 2024

Small business loans are expensive and became harder to get in 2023. Many owners are wondering what access to funding will look like in 2024. Some insights from CNN’s forecast of the best loans and rates for 2024: Traditional lenders, online institutions and even familiar service providers like PayPal and QuickBooks are stepping in to broaden funding options, and Small Business Administration changes to its loan offerings will make 7(a) and 504 loans more accessible.

Read the full CNN article here.

By Rebecca Meiser

Contributor, Commerce + Communities Today and Small Business Center

Small Business Center

ICSC champions small and emerging businesses in getting from business plan to brick-and-mortar.

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